Las Vegas NV Area REO Real Estate Market Report & Homes for Sale (includes Henderson & North Las Vegas)

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Services for Real Estate Pros with Savvy Home Pix B.1000860.LLC

REO Bank Owned Foreclosure Homes for Sale in Las Vegas

REO Bank Owned Foreclosure Homes for Sale in Las Vegas

REO Bank Owned Foreclosure Homes for Sale in Las Vegas

Las Vegas Area REO Inventory has FALLEN since last report (-348 units), Under Contracts have RISEN by (+163) units  Closing data has RISEN by (+101) units.  Low interest rates have spurred a flurry of buyer interest & activity  and it continues.  

REO sales accounted for 52% of all Las Vegas Area Valley resale closings in February 2011.  REO listings account for only 18% of total resale listings.

Current Listed Bank Owned Statistics:

  • Listings (3/15/2011):  2587
  • Under Contract (3/15/2011): 3083
  • Sold February 2011:  1683

View Last Month's Report Here  

For Most Current Las Vegas REO Inventory Market Report.

What Areas Do You Cover for your Las Vegas Area Real Estate Market Reports?

General Las Vegas Area Real Estate Market Reports are for MLS Areas 101-606 (the average consumer probably asks, what’s that?)  It means that I cover the cities of Las Vegas, Henderson, North Las Vegas including unincorporated Clark County Townships of Whitney, Paradise, Winchester, Enterprise, Sunrise Manor & Spring Valley.  They do NOT cover the areas of Boulder City, Pahrump, Laughlin, Moapa or Mesquite.

View More FAQ About My Las Vegas Area Real Estate Market Reports.

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Thanks,  Renée Burrows 702-580-1783 Broker/Owner, REALTOR®
 

 

copyright 2006-2013 Renee Burrows, REALTOR®, Savvy Home Realty Solutions  702-966-2494

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Topic:
Real Estate Market Trends
Location:
Nevada Clark County Henderson Highlands
Groups:
Market Updates
Nevada/Las Vegas REO, Fourclosure, Short Sale Specialist
City and State
Las Vegas Foreclosures - Homes, High-Rises-Condos
Market Reports
Tags:
las vegas market report
las vegas homes for sale
las vegas nv real estate
las vegas reo

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Rainmaker
2,304,182
Anita Clark
ColdwellBanker SSK Realtors ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Your market reports are some of the best I've seen on here Renee.  I'm always amazed at the detail you go into and how easy they are to follow.  I know your local readers must be pleased with the quality content you provide them.

Mar 29, 2011 07:29 AM #1
Rainmaker
544,206
Eric Michael
Remerica Integrity, Realtors®, Northville, MI - Livonia, MI
Metro Detroit Real Estate Professional 734.564.1519

I hope the locals in Las Vegas know what they have in these reports and in You, Renee! They'd be fools to not use you as their real estate agent!

Mar 29, 2011 12:16 PM #2
Rainmaker
1,333,848
Michelle Gibson
Hansen Real Estate Group Inc. - Wellington, FL
REALTOR

Renee - Wow, holy sellers market!  I don't know if I've even seen numbers like that before.

Mar 29, 2011 01:18 PM #3
Rainmaker
497,301
Steve Scheer
Realty Oasis - Metro Brokers - Highlands Ranch, CO
Highlands Ranch Real Estate - Denver Real Estate

Hi Renee, great market report as always.  Love that MLS map of available Las Vegas listings.

Mar 29, 2011 03:17 PM #4
Rainmaker
1,921,168
Tom Braatz Waukesha County Real Estate 262-377-1459
Coldwell Banker - Oconomowoc, WI
Waukesha County Realtor Real Estate agent. SOLD!

Renee

With prices being as low as they are it makes lots of sense for people to use your services to buy right.

Mar 29, 2011 07:22 PM #5
Rainmaker
1,921,168
Tom Braatz Waukesha County Real Estate 262-377-1459
Coldwell Banker - Oconomowoc, WI
Waukesha County Realtor Real Estate agent. SOLD!

Renee

With prices being as low as they are it makes lots of sense for people to use your services to buy right.

Mar 29, 2011 07:22 PM #6
Ambassador
1,509,132
Renée Donohue~Home Photography
Savvy Home Pix - Allegan, MI
Western Michigan Real Estate Photographer

Thanks all for the comments!

Mar 30, 2011 02:59 AM #7
Rainer
56,369
Richard Fried
Elite Homes and Property - Eagle, ID
Real Estate Broker in Eagle, Idaho

Renee,

That is pretty incredible how the REO market has taken over.  I know that we in Idaho feel the same pinch.  There are some area's that have over 70% REO sales.  Keep up the good work the reports are great.

Mar 30, 2011 05:38 AM #8
Ambassador
994,761
Sharon Paxson
Compass - Newport Beach, CA
Newport Beach Real Estate

Renee - another excellent REO market report, and I am sure buyers are taking advantage of this market!

Mar 30, 2011 06:45 AM #9
Ambassador
1,509,132
Renée Donohue~Home Photography
Savvy Home Pix - Allegan, MI
Western Michigan Real Estate Photographer

Richard & Sharon:  Thanks for the comments!

Apr 02, 2011 05:34 AM #10
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